Titanic II: Replica of famous doomed ship plans to sail in 2022

Blue Star Line is giving the Titanic another shot.

Monday, October 22nd 2018, 11:15 PM EDT

Updated:

Tuesday, October 23rd 2018, 10:04 AM EDT

Blue Star Line is giving the Titanic another shot.

Clive Palmer, chairman of Blue Star Line, confirmed today that work has begun on Titanic II. The goal is to put the Titanic II back in service on the London – New York route across the Atlantic in 2022, following its original journey.

The Titantic II, however, will also circumnavigate the globe "attracting unrivalled" attention in every port it visits, he said.

“Blue Star Line will create an authentic Titanic experience, providing passengers with a ship that has the same interiors and cabin layout as the original vessel, while integrating modern safety procedures, navigation methods and 21st-century technology to produce the highest level of luxurious comfort,’’ Palmer said.

“Titanic II is a unique project that will generate unprecedented international exposure and public interest."

The Titantic II, however, will also circumnavigate the globe, "inspiring and enchanting people while attracting unrivalled attention, intrigue and mystery in every port she visits," he said.

Palmer last announced progress on the Titanic ll in 2015, when work was suspended due to , Mineralogy, his flagship company's dispute with Chinese Government owned, Citic Limited, over the non-payment of hundreds of millions of dollars of royalties owed to Palmer companies.

Palmer confirmed that the financial constraints brought about by the failure of Citic to pay Mineralogy its financial entitlements were responsible for work on the Titanic being suspended but said those issues have been resolved.

Palmer was in London to confirm and issue a video showing the final technical specifications of the ship.

The Titanic sank in the North Atlantic Ocean in 1912, four days into the ship's voyage from Southampton to New York City when it struck an iceberg. More than 1,500 people died.